Plan Ledger DOL Form 5500 · updated monthly

Toole Design Group LLC401(k)

TOOLE DESIGN GROUP 401(K) PROFIT SHARING PLAN AND TRUST · SILVER SPRING, MD · plan year 2024

Reported admin expense ratio · 2024
0.39%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Toole Design Group LLC reported $87,226 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $2,693 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 544th-largest of 1,671 plans among Maryland employers on file, and the 4,674th of 11,654 in professional & technical services. In 2024, employees put in $3.22 for every $1.00 the employer contributed; active participation has grown from 256 to 299 since 2022.

Plan summary
Net assets, end of year$25,613,028
Participants with balances366
Active participants299
Employer contributions$805,161
Employee contributions$2,592,488
Employer contribution per active participant$2,693
Average account balance$69,981
Benefits paid to participants$1,522,520
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.6M · 366 accts · $805K emplr
2023$19.2M · 329 accts · $750K emplr
2022$13.9M · 296 accts · $597K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,355
Investment management$42,871
Total administrative$87,226
The Toole Design Group LLC 401(k) match · 2024
Employer contribution per active participant$2,693
Median for plans this size$2,416
2024$2,693 per active participant
2023$2,862 per active participant
2022$2,334 per active participant

Toole Design Group LLC's 2024 employer contribution ran above the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$44,354
KESTRA ADVISORY SERVICES, LLC · Investment advisory (plan)$42,864

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$87,226 · 0.39%
2023$64,336 · 0.39%
2022$53,909 · 0.38%
Same employer
Similar plansProfessional & Technical Services · Maryland
Computer Packages Inc. MD$25.9M · 0.00%
Clarity Innovations, LLC MD$25.6M · 0.15%
Getwellnetwork, Inc. MD$25.3M · 0.18%
Planet Technologies, Inc. MD$25.0M · 0.35%
Soltesz, Inc. MD$24.9M · 0.32%
Glotech Inc MD$24.9M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 050545429 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.